KP Tissue (TSE:KPT) Reaches New 1-Year High – Time to Buy?

KP Tissue Inc. (TSE:KPT)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as C$10.48 and last traded at C$10.44, with a volume of 8512 shares trading hands. The stock had previously closed at C$10.45.

Analyst Ratings Changes

Several research firms recently issued reports on KPT. National Bankshares upped their price objective on shares of KP Tissue from C$9.50 to C$10.00 and gave the stock a “sector perform” rating in a report on Thursday, August 14th. CIBC lifted their target price on shares of KP Tissue from C$10.50 to C$11.00 in a report on Friday, November 14th. Finally, Desjardins upped their price target on shares of KP Tissue from C$9.50 to C$10.00 and gave the company a “hold” rating in a report on Thursday, August 14th. Three equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, KP Tissue has a consensus rating of “Hold” and an average target price of C$10.00.

KP Tissue Price Performance

The firm’s 50 day moving average price is C$9.63 and its 200-day moving average price is C$9.38. The firm has a market cap of C$104.48 million, a price-to-earnings ratio of 26.77, a P/E/G ratio of -0.88 and a beta of 0.25.

KP Tissue (TSE:KPT) last issued its quarterly earnings results on Thursday, November 13th. The company reported C$0.15 earnings per share for the quarter. Analysts expect that KP Tissue Inc. will post 0.4398964 EPS for the current year.

KP Tissue Company Profile

KP Tissue Inc operates as a holding company. The firm produces, distributes, markets, and sells a range of disposable tissue products in North America. It offers bathroom and facial tissues, paper towels, paper towels, and napkins, as well as disposable wiping products and washroom dispensing systems.